FirmaIQ
Org.nr 980 345 114 2003 → 2004 Year-over-year analysis

7 STEEL NORDIC REINFORCING AS: årsregnskap 2004 vs 2003

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2004 with 2003 for 7 STEEL NORDIC REINFORCING AS. Revenue 6 000 NOK → 6 000 NOK (0.0%). Net result +94.66m NOK → +2.50m NOK. Equity 590.42m NOK → 592.92m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: net result weakened; payroll up without matching revenue.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
6 000 NOK 6 000 NOK
0.0%
Operating result
-2.65m NOK -1.17m NOK
+55.9%
Net result
+94.66m NOK +2.50m NOK
-97.4%
Equity
590.42m NOK 592.92m NOK
+0.4%

What improved

  • ↑

    Operating result improved

    Operating result -2.65m NOK → -1.17m NOK (op. margin -44183.3% → -19466.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 590.42m NOK → 592.92m NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +94.66m NOK → +2.50m NOK (net margin 1577683.3% → 41700.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.25m NOK → 346.25m NOK (54250% → 5770917% of revenue). Calculated